Support mechanisms for renewable energies: their respective strengths and weaknesses. A comparison with the common agricultural policy

Journal title ECONOMICS AND POLICY OF ENERGY AND THE ENVIRONMENT
Author/s Jacques Percebois
Publishing Year 2016 Issue 2015/1 Language English
Pages 16 P. 43-58 File size 250 KB
DOI 10.3280/EFE2015-001004
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A debate is now underway in Europe to decide whether or not the present system for promoting the penetration of renewable energy sources, in particular wind and solar (photovoltaic) energy, should be maintained in the energy balance. This system, based on feed-in tariffs, is increasingly contested because of the undesirable effects which have been observed. Other incentive schemes are possible and the aim of this article is to draw up a balance sheet of the advantages and disadvantages of the main mechanisms likely to assist the penetration of these renewable energy sources.

Keywords: Renewable energy, merit order, electricity, agricultural policy

Jel codes: Q28, Q48, L51

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Jacques Percebois, Support mechanisms for renewable energies: their respective strengths and weaknesses. A comparison with the common agricultural policy in "ECONOMICS AND POLICY OF ENERGY AND THE ENVIRONMENT" 1/2015, pp 43-58, DOI: 10.3280/EFE2015-001004